According to the publication, the West Coast veteran roped in $110 million in pretax earnings largely thanks to his Beats headphone line. “The brands are so aligned, Dre and Beats, it’s just who he is,” says former Def Jam president Kevin Liles. “If you look at the biggest earners, the guys have been doing it for 20 years … what’s happening now is people are really telling their truth.”

Additional artists to make the cut include Rihanna, who ranks at No. 12 with $53 million, and Diddy, who ties with Katy Perry at No. 15 with $45 milion. Beyonce and Jay-Z come in at No. 18 and 20, respectively, with $40 million and $38 million. Kanye West makes the cut at No. 22 with $35 million, tying with Adele for the same position.